The Union Budget 2023-24 was not as beneficial for the residential real estate sector as the industry had hoped. The only announcement with direct implications for the housing sector was the increased allocation for the Pradhan Mantri Awaas Yojana (PMAY). More supply in this segment can benefit the middle class, who form a significant portion of the target audience for this scheme. One of the major changes is the introduction of a new tax regime, which offers lower tax rates for individuals who forgo exemptions and deductions. However, this regime…
Read MoreThursday, November 7, 2024
Recent posts
- Battery Material Shifts in the Li-ion Market
- Zence X Google Wallet: Together Revolutionizing the Rewards Landscape
- FPT Industrial, FPT INDUSTRIAL UNVEILS THE R38, THE BRAND-NEW COMPACT ENGINE THAT ENHANCES ITS POWER GENERATION AND INDUSTRIAL POWER UNIT LINE-UP
- FPT Industrial, FPT INDUSTRIAL POWERS THE TRACTOR OF THE YEAR 2025 IN THE “HIGHPOWER” AND “UTILITY” AWARD CATEGORIES
- Aiming to Expand the Equipment Management Area that can be Handled by a Single Person - The Implementation and Benefits of IoT Tools
